Each day Crunch: Twitter CEO admits he bought platform for $44B as a result of ‘I sort of needed to’

To get a roundup of TechCrunch’s greatest and most essential tales delivered to your inbox every single day at 3 p.m. PDT, subscribe right here.

Good morning, you superb souls. Have you ever stretched right now? As you’re settling in for the publication and the highest tales from TechCrunch for right now, are you able to seize your self a glass of water? We care about you, and we would like you to be comfortable!

Know any extraordinary early-stage founders? Refer them to Startup Battlefield 200 at Disrupt, and make Neesha very comfortable within the course of. Neesha is rad, and deserves to be comfortable, so get to referrin’ already!

—  Christine and Haje

The TechCrunch High 3

• Fowl, fowl, fowl is the phrase: Numerous Twitter information right now, so sit again and take all of it in. First, Elon Musk confirms what we principally all knew — he purchased Twitter as a result of he thought he’d be pressured to. Darrell has extra on that. Additionally, Ivan writes that the legacy examine mark you’ve gotten is ready to run out on 4/20…we expect. We’ve heard that earlier than, however now some colleagues are seeing them go. And in case you missed it, Amanda reviews that NPR leaves Twitter and that Twitter, Inc., has a brand new title.
• Who’s there?: Truecaller is bringing stay caller ID to iPhone to its premium tier subscribers, however there’s slightly bit of labor concerned on the a part of the consumer. Jagmeet has extra.
• Gimme a beat: Music makes every little thing higher, and a brand new integration with Spotify offers Strava customers a soundtrack to their actions, reviews Aisha.

Startups and VC

The early days of the pandemic proved to be a large boon for the house health crowd. Gyms closed indefinitely, and even once they started reopening, many members severely questioned whether or not the mannequin would proceed to go well with their life shifting ahead. One of many corporations that noticed early positive aspects after which loads of turbulence was Tonal. Brian reviews that the corporate simply picked up $130 million value of contemporary funding and minted a brand new CEO.

“Upon additional assessment, it has come to our consideration that the best way the method was described [in the TechCrunch article] may probably be seen as financial institution fraud. Consequently, our course of associate has terminated our relationship,” a spokesperson for Smoakland stated in an e mail to Haje. Whoops.

Moar? U need moar? Cool, now we have moar:

Ask Sophie: What number of employment inexperienced playing cards can be found annually?

Picture Credit: Bryce Durbin/TechCrunch

Pricey Sophie,

I’m making an attempt to determine how lengthy I’ve to attend for a inexperienced card.

I’ve two questions for you: What number of employment inexperienced playing cards in every class can be found yearly? How do I make sense of the Visa Bulletin?

— Standing By in San Jose

Three extra from the TC+ crew:

TechCrunch+ is our membership program that helps founders and startup groups get forward of the pack. You possibly can join right here. Use code “DC” for a 15% low cost on an annual subscription!

Massive Tech Inc.

Are we alone in assuming all of you’ve gotten at the least two LinkedIn notifications to attach from somebody who hasn’t discovered find out how to add a photograph to their profile? Or they might be shielding their id for different causes, in fact. Both approach, you most likely need to hold it strictly enterprise on LinkedIn. Properly, Aisha writes that LinkedIn rolled out a free function to confirm your id and employment so as to inform if it’s the precise individual. Now, whether or not or not you need to present a authorities ID and cellphone quantity to a social media website is your name.

In the meantime, Kyle tells you all about Databricks’ new open supply mannequin that has a super-cute title, but in addition some flaws.

And now we have 5 extra for you: